December 12, 2024
The Long View—a series from GEM’s Co-CIO, Matt Bank— explores a range of topics relevant to the fiduciaries and allocators of institutional capital.
In Part I of his three-part series on the Endowment Model, Co-CIO Matt Bank discussed the problems with characterizing the model in static, monolithic terms, arguing for a more flexible and nuanced definition.
In Part II, he described some of the flaws in conventional ways that endowment portfolios are measured and evaluated, proposing instead a distinct set of guidelines for determining success.
In this final Part III, Bank examines what it will likely take to be successful investing endowment-style portfolios over the next decade. Even as markets become more competitive every day, he explains why he believes that a combination of institutionally driven portfolio construction, manager sourcing intensity, process efficiency, and organizational alignment is a clear path to differentiated success.
Head of Investments Jay Ripley joined Ted Seides on the Capital Allocators podcast to discuss his path from private equity to GEM, the firm’s approach to backing emerging managers and independent sponsors, and the importance of strong manager selection amid growing dispersion.
In a recent byline, GEM’s Co-Founder and Managing Partner, Stephanie Lynch, examines the merits of in-person nonprofit board meetings and highlights why virtual interactions often lack the depth of engagement required for effective board leadership.
Strong returns from leading university endowments have reignited discussion about how institutions can sustain performance in a shifting market environment. In commentary for The Wall Street Journal, GEM’s Co-CIO, Matt Bank, reflects on how endowment leaders are preparing for more uncertain conditions ahead.
Let’s start a conversation about how we can help.
